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▲ incognition 3 hours ago

exactly. If you're engaging in a market, realize that approximately 90% of active participants will lose money in an efficient market.

▲sdeframond 2 hours ago | parent | next [-]

A strange game. The most likely winning move is... not to play.

▲icantevenhold 2 hours ago | parent | next [-]

It’s weird - my peers always say I’m stupid for not investing my idle money in the various (stock) markets and the gains they show seem to confirm that - but ITT the sentiment seems to be quite different.

To be honest i cant be bothered is the real reason I don’t play but maybe it’s the winning move?

▲mitxela an hour ago | parent [-]

Ponzi schemes can go up exponentially, until they're suddenly at zero.

▲gingersnap 25 minutes ago | parent | prev | next [-]

Greetings professor Falken

▲w10-1 2 hours ago | parent | prev [-]

I think the comment was to not play actively.

It's like arguing with God: he's got better info that you.

▲dominotw an hour ago | parent | prev [-]

is 10% winner random or skill ?

▲mitxela an hour ago | parent [-]

Some random, some skill. The more people are following formulaic advice, the more opportunity there is to take their money with skill.